#global-economy
Industrial policy now has broad World Bank approval but the case for universal adoption remains unclear
The World Bank has endorsed the idea of industrial policy with some conditions, reversing its stance of the early 1990s. What its new paper doesn’t address, though, is what happens if every country goes for it.
The world has plenty of oil, but a different shortage is emerging
Global oil supply remains stable, but refined fuel shortages are rising, says Goldman Sachs.
OPEC Report Shows Oil Demand Reached Over 105MMBpd in 2025
In its latest Annual Statistical Bulletin, OPEC projected that world oil demand grew by 1.30 million barrels per day year on year in 2025, a release posted on OPEC's site outlined.
The Global Economic Impact from the Iran Conflict
Gita Gopinath on how countries can make themselves more resilient.
Global consumer products makers reported strong growth momentum in India in March quarter
This comes at a time when consumer products players are facing headwinds due to geopolitical tensions and uncertain macroeconomic conditions, which has impacted global supply chains.